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Westfield 01085
16 Ravine Circle
$304,000
● House - Off Market

16 Ravine Circle

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$423,988
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Do not miss the adorable contemporary home in the Munger Hill school distract  3 bedroom 2 bath 2 car detached garage
Unit Size
1,722 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72640202)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Apr 2, 2020 Listed by Rovithis Realty, LLC $300,000
Listed by Rovithis Realty, LLC
Oct 11, 2002 Sold
Premium
Sold
Aug 5, 2002 Listed by Rovithis Realty, LLC $229,000
Listed by Rovithis Realty, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 1,722
  • Gross Building Area: 3,080
  • Building Area: 1,722
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,722
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westfield School District
  • School Tax School District: WESTFIELD SD
  • Census Tract: 812600

Geography

  • Parcel: WFLD M:7-R L:40
  • Lot: 40
  • Municipality: WESTFIELD
  • Latitude: 42.0884
  • Longitude: -72.7166

    Address

  • Full Address: 16 Ravine Cir
  • Address - House Number: 16
  • Address - Street Name: Ravine
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 5006
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,700

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 402,072
  • High Value: 474,007
  • Low Value: 330,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,900
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $193,900

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27289
  • Previous Sale Recording Date: Oct 11, 2002
  • Previous Sale Amount: $219,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westfield

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2203 ft²

Average Home Age

67.3 years

Currently For Sale

65 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72640202

Frequently Asked Questions

When was property at 16 Ravine Circle built and last sold?
The property at 16 Ravine Circle was built in 1976 and last sold on May 29, 2020 for $304,000.
How much is this home worth?
The estimated value of the home located at 16 Ravine Circle is $306,044.
What are some comparable homes to 16 Ravine Circle?
There are currently no comparable homes to 16 Ravine Circle.
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